| Instrument | Type | Exercise price | Warrant shares | Expiry | Outstanding |
|---|---|---|---|---|---|
| Akerna Common Warrants (assumed in the September 2025 Mergers) | Common | 37.000 USD | 21.7K | 2027-07-05 | 21.7K |
| Akerna Underwriter Warrants (assumed in the September 2025 Mergers) | Placement agent | 37.000 USD | 1.1K | 2027-06-29 | 1.1K |
| Gryphon Common Warrants (January 2025 registered direct offering) | Common | 1.500 USD | 1.4M | 2035-01-14 | 89.2K |
| Total unexercised | 112K | ||||
Class A 330,788,302 + Class B 732,224,903 + Class C 0
Form 10-Q (Q1 2026)328,224,513 Class A + 732,224,903 Class B
Definitive Proxy Statement (2026 Annual Meeting)3,931 held in custody + 3,090 pledged for miner purchase
Form 10-Q (Q1 2026)Class A 327,009,578 + Class B 732,224,903 + Class C 0
Form 10-Q (Q1 2026)Q1 2026; $0.5M issuance costs
Form 10-Q (Q1 2026)Including 3,090 BTC pledged to Bitmain for miner purchases
Form 10-K (2025)326,896,215 Class A + 732,224,903 Class B
Form 10-K (2025)Includes 2,776 pledged BTC
Form 8-K (FY2025 earnings)